Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2095522
How green growth affects carbon emissions in China: the role of green finance
Jun Zhao
Farhad Taghizadeh-Hesary,
Kangyin Dong
Xiucheng Dong
Sažetak
Accelerating the green transition of the economy is an effective
way to conserve energy and reduce emissions, and its impact on
the greenhouse effect deserves in-depth discussion. Based on this,
we examine the potential effect of China’s green growth on carbon
dioxide (CO2) emissions by applying provincial panel data
from 2004 to 2018. The regional heterogeneity and how does
green finance affect the green growth-CO2 nexus are also
checked. The primary findings imply that: (i) China’s green growth
achieves preliminary results, and its impact on CO2 emissions is
significantly negative. Also, green finance can facilitate carbon
emission reduction; (ii) significant regional heterogeneity exists
within various regions. Only in the central and western regions
can green growth effectively reduce CO2 emissions, and in the
eastern and central regions, green finance is conducive to promoting
carbon reduction; and (iii) the mediating role of green finance
is significant. In other words, China’s green growth not only mitigates
the greenhouse effect directly, but also affects CO2 emissions
indirectly by accelerating the development of green finance
Ključne riječi
CO2 emissions; green growth; green finance; regional differences; mediation effect; China
Hrčak ID:
304218
URI
Datum izdavanja:
31.3.2023.
Posjeta: 1.303 *